NEW YORK STATE GENERAL
ADJUSTER ALL SERIES 17-70 EXAM
QUESTIONS WITH CORRECT
SOLUTIONS||100% GUARANTEED
PASS||UPDATED 2026/2027
SYLLABUS||<<NEWEST VERSION>>
The insured is transporting his yacht on its trailer and pulling it with his truck. The
trailer separates from the truck hitch and the boat strikes another vehicle. There is
property damage and bodily injury to a third party. The yacht and trailer are a total
loss. What coverage would apply under the yacht policy? - ANSWER ✓ Only the
damage to the yacht and trailer
The damage to the yacht and trailer would be covered. The bodily injury and
property damage to a third party would be covered under an auto policy
The limit for the theft of jewelry under the Homeowners policy is: - ANSWER ✓
The limit for the theft of jewelry is $1,500.
The most comprehensive coverage provided by the dwelling property program is
found in the: - ANSWER ✓ DP-3.
The DP-3 form provides "open-peril" (all risk of loss) for the dwelling and other
structures. The other forms provide named peril coverage.
The New York Superintendent of Insurance can issue a temporary adjuster permit
in emergency situations for up to _____ to assist in the adjustment of claims
arising from a common catastrophe. - ANSWER ✓ A temporary permit may be
issued for 120 days to adjust claims arising from a common catastrophe.
The New York Superintendent of Insurance may refuse to renew, suspend or
revoke a license as a result of which of the following?
,I. A violation of any provision of the New York Insurance Code.
II. An adjuster making a material misstatement in application for license.
III. An adjuster being found guilty of fraud or dishonest practices. - ANSWER ✓
I, II and III.
The violations illustrated reflect character, ethics and morality that are not wanted
in the insurance industry.
The plumbing in Mrs. Jones' home suddenly burst and the ceilings were damaged
by water. All of the following Homeowners forms would cover the loss, EXCEPT
an: - ANSWER ✓ All current HO forms (except the HO-and HO-8) cover
"Accidental Discharge or Overflow of Water or Steam" from a plumbing, heating,
air conditioning, or fire protective sprinkler system or from within a household
appliance.
The purpose of expediting expenses under the Equipment Breakdown policy is:s
provide adequate limits of coverage. - ANSWER ✓ To pay for repairs or
replacement in a timely manner
The term "open-ended" release pertains to: - ANSWER ✓ A conditional or partial
release
An example would be where the insurance company agrees to pay some additional
bills when they become available. These additional bills are viewed as part of the
settlement agreement. Open-ended releases are generally subject to specific time
and monetary limits.
The Terrorism Act of 2002 has been extended and is an agreement between: -
ANSWER ✓ This is an agreement between the Federal Government and insurance
companies to provide coverage for acts of terrorism.
The Terrorism Risk Insurance Act excludes all of the following EXCEPT: -
ANSWER ✓ Commercial property losses would be covered by TRIA whereas the
other three would be excluded.
To cover lawn mowing equipment under a HO form an insured must: - ANSWER
✓ Do nothing since it is already covered.
,Personal property is covered under a single limit. All personal property with some
specific limitations is covered.
Traditionally, the most common type of crop insurance sold prior to the creation
of the Multi-Peril Crop Insurance Program was - ANSWER ✓ Coverage for hail
damage.
Hail damage to crops was the most popular form of crop insurance. Currently, the
Multi-Peril Crop Insurance Program has surpassed Crop-Hail Insurance because of
the broader coverage.
Under a homeowner HO-3, there is no coverage for loss resulting from "earth
movement" except when endorsed using which of the following? - ANSWER ✓
Earthquake endorsement.
An insured may add earthquake as an insured peril for coverages A, B and C by
adding the HO 04 54 endorsement. This endorsement defines as a "single
earthquake" all earthquake shocks occurring within a 72-hour period. The peril of
earthquake is defined to include land shock waves or tremors accompanying a
volcanic eruption.
Under a Homeowner Policy (HO-5), if the insured carries 80% to value, what does
Replacement Cost Coverage NOT apply to? - ANSWER ✓ Replacement Cost
Coverage does not apply to contents unless the replacement cost for contents
coverage is purchased by endorsement. Without endorsement, replacement cost
coverage only applies to covered structures.
Under a watercraft or yacht policy how claims are settled - ANSWER ✓ Actual
cash value
Like physical damage coverage on an auto policy, the watercraft and yacht policies
provide for the adjusting of physical damage losses to covered property on an
"actual cash value basis".
Under Coverage C (personal property) of the homeowners program all of the
following categories of property are limited, EXCEPT: - ANSWER ✓
Recreational furniture
, All of the HO forms contain a list of property subject to limitations. Recreational
furniture is not included within this list.
Under farm liability coverage, which of the following would be covered? -
ANSWER ✓ Products liability for the insured's products
Products liability for the insured's products would be covered. The others are
specifically excluded.
Under pollution clean up and removal coverage under the BOP, when must a loss
be reported? - ANSWER ✓ The expenses will be paid only if they are reported to
the insurer within 180 days of the date of the direct loss or the end of the policy
period.
Under the broad peril dwelling form, which of the following losses would not be
covered? - ANSWER ✓ Damage to the dwelling that is suddenly caused by wild
animals.
The broad form is a named peril form and does not list damage caused by wild
animals as a covered peril.
Under the commercial building and personal property coverage form, which of the
following is correct regarding the appraisal clause? - ANSWER ✓ There are no
stipulated time requirements in any policy in regards to the appraisal clause.
Under the Commercial Property Liberalization Clause, if the insurer makes any
coverage revision which broadens the coverage without an additional premium
charge, it will automatically apply to existing policies if the revision is adopted
during the policy term or within: - ANSWER ✓ 45 days prior to the effective date.
This is standard in Commercial Property Insurance.
Under the farm property form with replacement cost coverage, after the first
$1,000 how is the claim paid? - ANSWER ✓ ACV until repairs are completed and
then the full replacement cost is paid
Like most property forms that provide replacement cost coverage, the insurer will
not pay replacement cost until the repairs have actually been made.
ADJUSTER ALL SERIES 17-70 EXAM
QUESTIONS WITH CORRECT
SOLUTIONS||100% GUARANTEED
PASS||UPDATED 2026/2027
SYLLABUS||<<NEWEST VERSION>>
The insured is transporting his yacht on its trailer and pulling it with his truck. The
trailer separates from the truck hitch and the boat strikes another vehicle. There is
property damage and bodily injury to a third party. The yacht and trailer are a total
loss. What coverage would apply under the yacht policy? - ANSWER ✓ Only the
damage to the yacht and trailer
The damage to the yacht and trailer would be covered. The bodily injury and
property damage to a third party would be covered under an auto policy
The limit for the theft of jewelry under the Homeowners policy is: - ANSWER ✓
The limit for the theft of jewelry is $1,500.
The most comprehensive coverage provided by the dwelling property program is
found in the: - ANSWER ✓ DP-3.
The DP-3 form provides "open-peril" (all risk of loss) for the dwelling and other
structures. The other forms provide named peril coverage.
The New York Superintendent of Insurance can issue a temporary adjuster permit
in emergency situations for up to _____ to assist in the adjustment of claims
arising from a common catastrophe. - ANSWER ✓ A temporary permit may be
issued for 120 days to adjust claims arising from a common catastrophe.
The New York Superintendent of Insurance may refuse to renew, suspend or
revoke a license as a result of which of the following?
,I. A violation of any provision of the New York Insurance Code.
II. An adjuster making a material misstatement in application for license.
III. An adjuster being found guilty of fraud or dishonest practices. - ANSWER ✓
I, II and III.
The violations illustrated reflect character, ethics and morality that are not wanted
in the insurance industry.
The plumbing in Mrs. Jones' home suddenly burst and the ceilings were damaged
by water. All of the following Homeowners forms would cover the loss, EXCEPT
an: - ANSWER ✓ All current HO forms (except the HO-and HO-8) cover
"Accidental Discharge or Overflow of Water or Steam" from a plumbing, heating,
air conditioning, or fire protective sprinkler system or from within a household
appliance.
The purpose of expediting expenses under the Equipment Breakdown policy is:s
provide adequate limits of coverage. - ANSWER ✓ To pay for repairs or
replacement in a timely manner
The term "open-ended" release pertains to: - ANSWER ✓ A conditional or partial
release
An example would be where the insurance company agrees to pay some additional
bills when they become available. These additional bills are viewed as part of the
settlement agreement. Open-ended releases are generally subject to specific time
and monetary limits.
The Terrorism Act of 2002 has been extended and is an agreement between: -
ANSWER ✓ This is an agreement between the Federal Government and insurance
companies to provide coverage for acts of terrorism.
The Terrorism Risk Insurance Act excludes all of the following EXCEPT: -
ANSWER ✓ Commercial property losses would be covered by TRIA whereas the
other three would be excluded.
To cover lawn mowing equipment under a HO form an insured must: - ANSWER
✓ Do nothing since it is already covered.
,Personal property is covered under a single limit. All personal property with some
specific limitations is covered.
Traditionally, the most common type of crop insurance sold prior to the creation
of the Multi-Peril Crop Insurance Program was - ANSWER ✓ Coverage for hail
damage.
Hail damage to crops was the most popular form of crop insurance. Currently, the
Multi-Peril Crop Insurance Program has surpassed Crop-Hail Insurance because of
the broader coverage.
Under a homeowner HO-3, there is no coverage for loss resulting from "earth
movement" except when endorsed using which of the following? - ANSWER ✓
Earthquake endorsement.
An insured may add earthquake as an insured peril for coverages A, B and C by
adding the HO 04 54 endorsement. This endorsement defines as a "single
earthquake" all earthquake shocks occurring within a 72-hour period. The peril of
earthquake is defined to include land shock waves or tremors accompanying a
volcanic eruption.
Under a Homeowner Policy (HO-5), if the insured carries 80% to value, what does
Replacement Cost Coverage NOT apply to? - ANSWER ✓ Replacement Cost
Coverage does not apply to contents unless the replacement cost for contents
coverage is purchased by endorsement. Without endorsement, replacement cost
coverage only applies to covered structures.
Under a watercraft or yacht policy how claims are settled - ANSWER ✓ Actual
cash value
Like physical damage coverage on an auto policy, the watercraft and yacht policies
provide for the adjusting of physical damage losses to covered property on an
"actual cash value basis".
Under Coverage C (personal property) of the homeowners program all of the
following categories of property are limited, EXCEPT: - ANSWER ✓
Recreational furniture
, All of the HO forms contain a list of property subject to limitations. Recreational
furniture is not included within this list.
Under farm liability coverage, which of the following would be covered? -
ANSWER ✓ Products liability for the insured's products
Products liability for the insured's products would be covered. The others are
specifically excluded.
Under pollution clean up and removal coverage under the BOP, when must a loss
be reported? - ANSWER ✓ The expenses will be paid only if they are reported to
the insurer within 180 days of the date of the direct loss or the end of the policy
period.
Under the broad peril dwelling form, which of the following losses would not be
covered? - ANSWER ✓ Damage to the dwelling that is suddenly caused by wild
animals.
The broad form is a named peril form and does not list damage caused by wild
animals as a covered peril.
Under the commercial building and personal property coverage form, which of the
following is correct regarding the appraisal clause? - ANSWER ✓ There are no
stipulated time requirements in any policy in regards to the appraisal clause.
Under the Commercial Property Liberalization Clause, if the insurer makes any
coverage revision which broadens the coverage without an additional premium
charge, it will automatically apply to existing policies if the revision is adopted
during the policy term or within: - ANSWER ✓ 45 days prior to the effective date.
This is standard in Commercial Property Insurance.
Under the farm property form with replacement cost coverage, after the first
$1,000 how is the claim paid? - ANSWER ✓ ACV until repairs are completed and
then the full replacement cost is paid
Like most property forms that provide replacement cost coverage, the insurer will
not pay replacement cost until the repairs have actually been made.
